Month: May 2021

25 May 2021

506(c) Verification Requirements

VerificationRequirements
Millennium Dallas, Dallas, TX Hope you had a good weekend and are refreshed for another busy week ahead. Let’s dive into the latest from Freddie Mac as well as getting into the distinction between Rule 506 (c) Verification Requirements and 506 (b) Requirements for accreditation.  LENDER RESERVE REQUIREMENTS LOWERED Last ...Read More
17 May 2021

Should We Still Be in Multifamily?

Taxes
Welcome to tax day 2021!   But I'm sure you already knew that. Like with everything else over the past year, even our tax deadline changed because of COVID. And by the way if you're paying too much in taxes, time to invest more in real estate!  Cost segregation and accelerated ...Read More
11 May 2021

What Exactly is Lipstick on a Pig?

value add vs lipstick on pig
A pig with lipstick is still a pig. I trust you had a nice Mother's Day weekend!  Not that we should need an excuse to spend some time with family, but it's a good excuse nonetheless.  I'm thankful and blessed to have a wonderful mom who is close enough to ...Read More
04 May 2021

An Effective Acquisition Market Comp

acquisition market
Doing some multifamily shopping I never knew until recently that Cinco de Mayo, despite its Mexican heritage, is celebrated much more widely in the States, surprisingly.  The festival always makes me chuckle because I grew up in Dallas, TX where we studied Texas history and learned about the bad guys ...Read More